<PAGE>
<TABLE>
<S> <C>
----------------------------
OMB APPROVAL
----------------------------
UNITED STATES OMB Number: 3235-0145
SECURITIES AND EXCHANGE COMMISSION Expires: October 31, 1997
Washington, D.C. 20549 Estimated average burden
hours per response....14.90
----------------------------
</TABLE>
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 1)*
EMONS TRANSPORTATION GROUP, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
291575108
- --------------------------------------------------------------------------------
(CUSIP Number)
Sandra L. Mallenbaum, Esq., c/o Anderson Kill & Olick, P.C.
1251 Avenue of the Americas, New York, New York 10020 (212) 278-1000
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 12, 1997
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
(Continued on following pages)
(Page 1 of 6 pages)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SEC 1746 (12-91)
<PAGE>
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 291575108 Page 2 of 6 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Long Meadow Holdings, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
Not applicable
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF --
SHARES ---------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 239,270
EACH ---------------------------------------------------------------
REPORTING
PERSON 9 SOLE DISPOSITIVE POWER
WITH --
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
239,270
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
239,270
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
SEC 1746 (12-91)
<PAGE>
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 291575108 Page 3 of 6 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jonathan W. Old, III
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
Not applicable
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
U.S. Citizen
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF --
SHARES ---------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 239,270(1)
EACH ---------------------------------------------------------------
REPORTING
PERSON 9 SOLE DISPOSITIVE POWER
WITH --
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
239,270(1)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
239,270(1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
- ----------------
(1) Jonathan W. Old, III disclaims beneficial ownership of all shares owned by
other persons.
SEC 1746 (12-91)
<PAGE>
<PAGE>
SCHEDULE 13D
- ---------------------------- ---------------------------
CUSIP No. 291575108 Page 4 of 6 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Long Meadow Investors, LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
Not applicable
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF --
SHARES ---------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 239,270(1)
EACH ---------------------------------------------------------------
REPORTING
PERSON 9 SOLE DISPOSITIVE POWER
WITH --
---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
239,270(1)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
239,270(1)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
- ----------------
(1) Long Meadow Investors, LLC disclaims beneficial ownership of all shares
owned by other persons.
SEC 1746 (12-91)
<PAGE>
<PAGE>
Page 5 of 6 Pages
EMONS TRANSPORTATION GROUP, INC.
(CUSIP No. 291575108)
ITEM 1. SECURITY AND ISSUER.
This Amendment No. 1 on Schedule 13D ("Amendment No. 1") relates
to and amends the Statement on Schedule 13D filed on October 1, 1997 (the
"Original Schedule 13D") and is being filed to reflect the sale of shares of
Common Stock of the Issuer, as described below, and to reflect the fact that, as
of December 12,1997, none of the Reporting Persons may be deemed to be subject
to the reporting requirements of Section 13 in connection with the Issuer. Any
capitalized term used and not otherwise defined herein shall have the meaning
ascribed to it in the Original Schedule 13D.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 of the Original Schedule 13D is amended by replacing the sixth paragraph
therein with the following:
The Partnership is making this filing because it has disposed of
shares of Common Stock of the Issuer for which it has voting and investment
power and because it no longer may be deemed to be subject to the reporting
requirements of Section 13 in connection with the Issuer.
Item 2 of the Original Schedule 13D is amended further by adding the following
sentence to the final paragraph therein:
Further, each of LMI and Mr. Old is making this filing because,
as of December 12, 1997, neither may be deemed to be subject to the reporting
requirements of Section 13 in connection with the Issuer.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 of the Original Schedule 13D is amended by replacing it with the
following:
In two private transactions on December 12, 1997, the Partnership
sold 60,000 shares of Common Stock for a total price of $180,000.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 of the Original Schedule 13D is amended by replacing the first sentence
therein with the following:
The Partnership sold the shares of Common Stock described in Item
3, above and to which this Amendment No. 1 relates for purposes of its
investment objectives.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Original Schedule 13D is amended by replacing paragraph (I) with
the following:
(I) The Partnership beneficially holds an aggregate of 239,270 shares of
Common Stock, which constitutes 4.1% of the outstanding shares of Common Stock.
Item 5 of the Original Schedule 13D is amended further by replacing the second
sentence of paragraph (II) with the following:
Therefore, LMI may be deemed to be the aggregate beneficial owner
of 239,270 shares of Common Stock, which constitutes 4.1% of the outstanding
shares of Common Stock.
Item 5 of the Original Schedule 13D is amended further by replacing the third
sentence of paragraph (III) with the following:
Therefore, Mr. Old may be deemed to be the aggregate beneficial
owner of 239,270 shares of Common Stock, which constitutes 4.1% of the
outstanding shares of Common Stock.
Item 5 of the Original Schedule 13D is amended further by replacing paragraphs
(c) and (e) as follows:
(c) As reflected in Item 3, above, on December 12, 1997, the
Partnership disposed of 60,000 shares of Common Stock for $3.00 per share in two
privately negotiated transactions. Except as discussed in this Item 5(c), no
transactions in shares of Common Stock were effected in the past 60 days by any
of the Reporting Persons.
(e) As of December 12, 1997, none of the Reporting Persons could
be deemed to be the beneficial owner of more than five percent of the shares of
Common Stock.
SEC 1746 (12-91)
<PAGE>
<PAGE>
Page 6 of 6 Pages
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Dated: January 9, 1998
LONG MEADOW HOLDINGS, L.P.
By: Long Meadow Investors, LLC
its general partner
By: /s/ JONATHAN W. OLD, III
____________________________
Jonathan W. Old, III
Member
LONG MEADOW INVESTORS, LLC
By: /s/ JONATHAN W. OLD, III
____________________________
Jonathan W. Old, III
Member
JONATHAN W. OLD, III
By: /s/ JONATHAN W. OLD, III
____________________________
Jonathan W. Old, III
SEC 1746 (12-91)
<PAGE>
